Coffee House Shots
Michael Heseltine on Thatcher, Boris and Badenoch
Mar 29, 2025
In this engaging discussion, Lord Heseltine, a former British MP and outspoken Brexit critic, shares his extensive political experience. He expresses concern over the current government's performance and emphasizes the need for profound economic reforms. Heseltine critiques political figures like Keir Starmer, Rachel Reeves, and Kemi Badenoch, while passionately defending the value of the civil service. He also revisits the Westland Affair, claiming new insights vindicate his stance on Thatcher's complicity. His new book outlines an agenda for rebuilding Britain.
29:36
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Quick takeaways
- Lord Heseltine argues that empowering local authorities is crucial for urban regeneration and economic recovery, reflecting a need for localism in governance.
- He expresses disappointment with the current government's lack of action on devolution, highlighting his belief in its importance for tailored community solutions.
Deep dives
Economic Resilience and Dividend Growth
The discussion highlights the consistent growth of dividends paid to shareholders by the Alliance Witton Investment Trust, despite numerous economic crises over the past 58 years, including the OPEC oil crisis and the COVID-19 pandemic. This resilience underscores the trust’s commitment to its investors, showcasing its ability to navigate challenging economic environments while managing around £5 billion in assets. The firm’s long history since 1888 emphasizes its stability and experienced approach to investment strategies. Ultimately, this focus on sustained shareholder returns serves as a strong selling point for potential investors seeking a reliable investment in stocks and shares.
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